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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- Malabar Cements Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
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- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- The University of Queensland
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- Sindya Power Generating Company Private Ltd
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- Toyota Tsusho Corporation, Japan
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- Thiess Contractors Indonesia
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- Mintek Dendrill Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
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- Medco Energi Mining Internasional
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- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
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- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
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- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
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- Bangladesh Power Developement Board
- Romanian Commodities Exchange
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- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
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- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- VISA Power Limited - India
- Coalindo Energy - Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Renaissance Capital - South Africa
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- Electricity Authority, New Zealand
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- Attock Cement Pakistan Limited
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- Cement Manufacturers Association - India
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- International Coal Ventures Pvt Ltd - India
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- Singapore Mercantile Exchange
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- Minerals Council of Australia
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- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
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- The State Trading Corporation of India Ltd
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- Economic Council, Georgia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
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- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
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